CatalystWireBeta

UK small-cap RNS · 30 Apr 2026

Every announcement of UK small & mid caps under £2bn. The ones that started or moved a situation are marked – a click opens it.

Sort: Newest · Largest companies
  1. 17:13
    Audited Results for year end 31 December 2025 Results
    Loss widened to £801k from £327k, book value per share fell to 16.9p from 20.5p and cash nearly halved to £447k, though admin costs fell and the Brislington sale deposit was retained.
    Disposal of a part (break-up) £0.1m · 5% of mcapoutlook mixedfirst in 7 months +0.0% on the day
    Moved: new: Brislington property sale – Earlier sale collapsed; property held for sale · new: Castle Court Hastings redevelopment – Non-binding agreements; contracts need board approvals
  2. 17:01
    Proposed Placing to raise approximately £1.3m Fundraise
    Raises about £1.3m at 0.0825p, a 23% discount to the close, issuing about 23% of the enlarged share capital. Funds working capital and Middle East digital asset infrastructure, so existing holders are diluted at a discount.
    Dilutive fundraise £1.3m · 22% of mcapfirst in 9 months +4.6% on the day
    Moved: new: Discounted placing to raise £1.3m – Accelerated bookbuild launched 30 April 2026
  3. 16:58
    Launch of Placing, Subscription and Retail Offer Fundraise
    Placing of c.56m shares at 15p, a 9.2% discount to the 16.25p close, dilutes holders. Proceeds are meant to fund UK production acquisitions and organic projects, but no specific deal is named.
    Disposal of a part (break-up) £8.4m · 21% of mcapoutlook positivefirst in 2 years −4.8% on the day
    Moved: Acquisition search using UK tax losses: Actively pursuing oil and gas acquisitions → Fundraising launched to fund acquisitions · new: Placing, subscription and retail offer – Accelerated bookbuild launched, conditional on shareholder vote · Croatian geothermal sale (IGeoPen): Agreement signed; completion expected H2 2026 → Signed; completion pending, H2 2026 per earlier statement
  4. 16:25
    Director Resignation and Update on Loan Facility
    Tracarta loan maturing 30 April is still unextended; chair and interim CEO only say they might underwrite repayment, subject to terms. A non-executive resigned the same day, so refinancing risk persists.
    Balance-sheet stress / refinancing outlook mixedfirst since Oct 2023 −2.0% on the day
    Moved: Director loan facility refinancing: Working capital need admitted; lender talks → Tracarta talks continue; director support possible · Board reset and new CEO: Operational reset and cost cuts under way → Reset continues; another non-executive leaves
  5. 14:31
    Holding(s) in Company Holding
  6. 12:18
    Holding(s) in Company Holding
  7. 10:12
    FY25 Principal Subsidiary Results & Covenants Results
    Audited InvesCore FY25 shows profit up 21% and net interest income up 38%, but past due and NPL ratios roughly doubled, and the figures arrive after the audit delay and restatements.
    Balance-sheet stress / refinancing first in 7 months +1.4% on the day
    Moved: InvesCore dividend deferral: Covenant breaches disclosed; lender engagement continuing → FY25 covenant breaches; lender talks ongoing · FY25 audit delay and suspension: Audit delayed; H1 restatement flagged → InvesCore audited; ICFG accounts still outstanding
  8. 10:10
    Final Results Results
    FY2025 results largely restate drilling, metallurgy and corporate events already announced; they give no financials in the extract, so they add little new beyond the Board's proposal to exercise the Manna Hill option.
    Project milestones outlook positivefirst in 7 months +0.0% on the day
    Moved: Manna Hill Blue Rose drilling: RC results from 16 of 18 holes reported → Board proposes exercising option; AGM approval pending · Boland ISR development: Funded for pre-feasibility; resource drilling well advanced → Resource drilling done; pre-feasibility under way
  9. 07:30
    Q3 FY26 Quarterly Update and Appendix 4C
    First positive operating cash flow of the turnaround ($0.41m) on higher receipts and lower staff costs, but revenue fell 28.2% and cash is only $217k, so liquidity stays thin.
    Disposal of a part (break-up) outlook positive +0.0% on the day
    Moved: Two-pillar strategy and cost reset: Turnaround continues under new Interim Executive Chair → First positive operating cash flow; revenue down · Funding and liquidity position: Reviewing funding options after period end → Cash $217k; funding unresolved
  10. 07:05
    Update on potential assignment of MIC OLSA
    Celsius Resources Limited ("Celsius" or the "Company") (+ASX, AIM: CLA) refers to its announcement made on 27 April 2026 regarding the potential transfer and assignment of the Maharlika Investment Corporation ("MIC") loan position under the Omnibus Loan and …
    Project milestones outlook mixedfirst since Oct 2023 −13.2% on the day
    Moved: MCB copper-gold project development: Funding phase two; FID Q4 2026 → Funding phase two; loan assigned to Kiri
  11. 07:01
    SIG SHI £109m
    Trading Update Trading update
    H1 profit is now expected below H1 2025 after a 5% Q1 LFL fall. After a delayed recovery, the full-year 'robust' target leans on a stronger second half.
    Upgrade / downgrade cycle ahead of expectationsoutlook mixed, loweredfirst in 8 months +3.9% on the day
    Moved: Reach 5% operating margin over the medium term: on_track → changed – The medium-term margin goal is now stated as a 3-5% range rather than 5%, in line with Vision 2030, still described as a medium-term target. · Vision 2030 and portfolio review: Portfolio review ongoing; procurement savings from 2027 → Portfolio optimisation ongoing; Q1 trading weak
  12. 07:00
    Beehive Final Assay Results Results
    Final Assay Results Received Ahead of Maiden Beehive JORC Resource
    Project milestones outlook positive −2.0% on the day
    Moved: Lyan and Beehive exploration assays: Iyan maiden JORC done; Beehive pending → Shallow assays complete; Beehive JORC modelling advanced · Orom-Cross DFS and JORC update: DFS done; funding talks continuing → DFS done; funding and strategic talks continuing
  13. 07:00
    Evoke EVOK £190m
    FY25 Results Results
    FY25 Adjusted EBITDA of £356.2m (+14%) matches the £355-360m guided in January, so profit is confirmed, not lifted. The £549.1m statutory loss comes from £440.3m of non-cash impairments after the UK duty rise.
    Upgrade / downgrade cycle in lineoutlook mixedfirst since Oct 2023 −5.1% on the day
    Moved: Strategic review and potential sale: Named bidder; possible 50p offer under discussion → Talks ongoing; no firm offer · UK gambling duty increases: Mitigation under way: store closures, cost savings → Mitigation under way; impairments booked
  14. 07:00
    Quarterly Activities Report 31 March 2026
    Zenit Q1 output of 4,533oz is below Q4's 6,560oz while Tavşan's heap-leach is still ramping up, but management calls it in line and Dokwe drilling returned high grades.
    Project milestones outlook positive −2.6% on the day
    Moved: Tavsan heap-leach ramp-up: In production; heap-leach commenced → Ramp-up continuing, completion targeted Q2 2026 · Xinhai strategic investment in Dokwe: Investment completed; Xinhai joins board → Shareholders approved; testwork preparations underway · Dokwe RC drilling campaign: 18 of 26 holes drilled; only DRC9 assayed → RC completed (31 holes); remaining assays pending
  15. 07:00
    Activities Report March Quarter 26 Appendix 5B
    A$20m placement lifts cash to A$19.2m (about five quarters) and dewatering is resolved, but the BFS slips to Q3 2026 and the Häggån transaction is deferred.
    Project milestones outlook mixed −6.2% on the day
    Moved: Aura capital raising: Placing being completed; terms undisclosed → Completed 2 Feb 2026; cash A$19.2m (closed) · Tiris FID and engineering: Basic engineering on hold; FID Q3 2026 → Dewatering methods proven; BFS due Q3 2026 · Tiris funding discussions: DFC talks advancing; non-binding → Non-binding offer and MOU; DFC talks continue
  16. 07:00
    Quarterly Activities and Cash Flow Report
    Atlantic Lithium secures parliamentary ratification of the Mining Lease
    Project milestones £12.2m · 11% of mcapoutlook mixed −10.5% on the day
    Moved: new: Ewoyaa joint venture restructuring – Discussions with Elevra ongoing · Ghanaian pension fund investment: Class A warrant trigger (lease ratified) met → Subscription announced; Class A trigger met · Long State funding facility: Third Placement exhausts share placement agreement → Third Placement done; £20m facility undrawn
  17. 07:00
    Final Results Results
    FY2025 EBITDA of £136.5m matched expectations. Margin rose to 7.8% and free cash flow turned positive, but EBITDA and revenue fell and the statutory loss widened, so earnings did not grow.
    Disposal of a part (break-up) £1,739.2m · 939% of mcapin lineoutlook positivefirst in 8 months +37.3% on the day
    Moved: Broadened divestment programme: Progressing constructively; no deal announced → Four projects underway; no deal announced · Cost savings programme: Self-help actions driving 2026 progress → £30m delivered in 2025; more to come in 2026 · Debt refinancing and possible capital raise: Constructive lender talks; no equity planned currently → Refinanced to 2029; covenants reset (closed)
  18. 07:00
    Results for the year ended 31 December 2025 Results
    Final audited FY25 confirm the January trading update: the cost base was cut and the adjusted EBITDA loss shrank to $0.74M, but revenue fell 3% and cash fell 27% to $1.9M.
    Turnaround plan with targets outlook positivefirst in 7 months +0.0% on the day
    Moved: Cost restructuring and path to profitability: LBITDA down to $0.8M; FY26 loss reduction guided → Opex cut; adjusted EBITDA loss $0.74M; not yet profitable
  19. 07:00
    Final Results Results
    ("Brave Bison" or the "Company", together with its subsidiaries "the Group")
    Upgrade / downgrade cycle ahead of expectationsfirst in 2 years +2.0% on the day
  20. 07:00
    JV Partner Greenland Energy Company Raises $70M
    Nasdaq listed JV partner Greenland Energy Company ("GLND") Raises US$70,000,000
    Project milestones outlook positive +4.4% on the day
    Moved: Jameson Land exploration drilling: GLND trading on NASDAQ; valuation corrected to US$148m → GLND funded after US$70m raise; drilling prep ongoing
  21. 07:00
    Final Results Results
    Final results confirm FY25 revenue of £5.0m and a return to positive EBITDA, as flagged in January. Management expects 2026 revenue and EBITDA to rise, with Q1 revenue 5% ahead. This repeats the earlier message rather than raising guidance.
    Segment turn £5.0m · 76% of mcapoutlook positivefirst since Oct 2023 −1.4% on the day
    Moved: Turnaround and refocus on core markets: Cost reset done; EBITDA positive in FY25 → Cost reset delivered; shifting to ARR growth
  22. 07:00
    Final Results Results
    FY26 revenue guidance rises to £38.0m, but this was flagged on 16 April and largely reflects the £4.0m moved from FY25 by the new recognition policy. Adjusted EBITDA stays at £4.5m, with gross profit offset by £0.6m of expensed contract assets.
    Dilutive fundraise £38.0m · 3455% of mcapin lineoutlook positive, raised +2.0% on the day
    Moved: GBESP Midlands solar PV schools programme: Largely completed; completion due 31 May → Largely completed, on track for May · Working capital funding for solar programme: Early repayment expected from cash flow → Repayment expected ahead of due date · FY2025 revenue slippage into 2026: Reframed as accounting policy change → Audited results confirm restatement
  23. 07:00
    Italy Selva Malvezzi - Q1 2026 Activity Report
    PM-1 output held near 80,000 scm/d and the realised gas price rose to €0.43 from €0.33, lifting net revenue to €1.155m from €852k after last quarter's slide in cash flow.
    Project milestones in lineoutlook positive −1.5% on the day
    Moved: Selva Malvezzi development wells and 3D: 3D acquired; processing; EIA under update → 3D processing; EIA being updated
  24. 07:00
    Operational Update for Q1 ended 31 March 2026
    Q1 processed volumes, sales, revenue and cash all rose year on year, with Ural O&G feedstock and workovers offsetting Chinarevskoye decline. The update says nothing on debt or guidance.
    Project milestones first in 6 months +0.0% on the day
    Moved: Ural O&G third-party processing: Ramping feedstock; terms to May 2031 → Feedstock still ramping in Q1 2026 · Chinarevskoye drilling and workovers: Well 116_1 producing; review underway → Review underway; workovers managing decline · Stepnoy Leopard field development: Review ongoing; no development sanctioned → Review ongoing; no sanction
  25. 07:00
    Final Results Results
    Another Record Year: Production up 17%, Revenue up 22% and Adjusted EBITDA up 56%
    Upgrade / downgrade cycle ahead of expectationsfirst since Oct 2023 +20.0% on the day
  26. 07:00
    Full Year Results year ended 31 December 2025 Results
    Results restate the proposed pivot of the cash shell into Venezuelan energy with £1.6m of funding, but it still needs a general meeting and FCA approval of the prospectus. Going concern carries a material uncertainty.
    Balance-sheet stress / refinancing £1.6m · 7% of mcapoutlook mixedfirst since Oct 2023 +0.0% on the day
    Moved: Venezuelan energy strategic transition: Proposed; shareholder and FCA/JFSC approvals pending → Proposed; general meeting to be scheduled · new: Going concern material uncertainty – Material uncertainty flagged in FY25 accounts
  27. 07:00
    Saudi Arabia Update
    KEFI Gold and Copper plc (AIM: KEFI), the gold and copper exploration and development company with projects in the Federal Democratic Republic of Ethiopia and the Kingdom of Saudi Arabia, is pleased to provide an update in respect of the Company's activities …
    Project milestones outlook positivefirst since Oct 2023 +10.2% on the day
    Moved: new: GMCO Jibal Qutman development – DFS under third-party review
  28. 07:00
    Updated Mineral Resource Estimate
    First Tin PLC (the "Company"), a tin development company with advanced projects in Germany and Australia, is pleased to report it has received an updated Mineral Resource estimate (MRE) for its 100% owned Taronga Tin Project ("Taronga") in New South Wales, …
    Project milestones outlook positive −1.9% on the day
    Moved: Taronga resource update and DFS: Updated MRE underway ahead of DFS update → Updated MRE delivered; DFS update pending
  29. 07:00
    Review of Operations - Quarter ended 31 March 2026
    Kola advanced with beneficiation test condition precedent met and marine drilling done, but cash fell to c.US$8.3m from US$10.5m, financing is unsigned and the shaft design needs rework.
    Balance-sheet stress / refinancing outlook mixed +0.0% on the day
    Moved: Kola Potash financing and early works: Early works progressing; financing still unsigned → Early works progressing; financing still unsigned · Kola ESIA update and new DUP: Slowed; design changes may affect relocation plan → ESIA resumed April 2026 after hiatus · Formal sale process: One bidder left, in due diligence → One bidder remains in due diligence
  30. 07:00
    Half-year Results Results
    Order intake rose year on year and across the half, backed by large Ventilation project wins. This supports the stronger second half the Board expects, though no order book figure is given.
    Turnaround plan with targets ahead of expectationsoutlook mixedfirst since Oct 2023 +0.0% on the day
    Moved: Turnaround and 2028 targets: Ventilation growing; Hardware set to decline in FY26 → H1 loss-making; H2 recovery expected
  31. 07:00
    Quarterly Activities Report
    Quarterly report confirms the FID slip to Q4 2026 and the Sodor dispute, with the MMCI board lost. Offsets are the DFS, the A$9.3m raise and non-binding financing offers.
    Disposal of a part (break-up) outlook mixedfirst in 9 months −13.2% on the day
    Moved: MCB copper-gold project development: Funding underway; MMCI control contested → Funding phase two; FID Q4 2026 · Sodor 60% MCB interest transfer: Dispute escalated; Sodor took MMCI board control → Interim orders ruling expected May 2026 · Sale of Opuwo Project: Non-binding offers received; site visits done → Sale process continuing
  32. 07:00
    OSB Group OSB £1,615m
    Q1 Trading Update Trading update
    Q1 is broadly in line with 2026 guidance, with all five guidance lines restated. CET1 falls 70bps, but the new buyback and the 13-13.5% target explain this, so the update confirms rather than shifts the story.
    Capital return in lineoutlook mixed +4.3% on the day
    Moved: £100m share repurchase programme: New £100m programme starting 6 March 2026 → Under way: £30.2m bought by 28 April · Platform transformation programme: Rely launched; first savers migrated → Migration continuing; Residential launch in Q3 2026

Share this quote

Quote card
Post on X WhatsApp Download image

The link opens this announcement with the quote highlighted. Quotes are checked against the original text.

Add a note